Mr. Burke sold 50,000 shares, leaving him with 26,799. Mr. Burke’s sale represented 55.6 percent of what he directly owned and through his 401(k), which holds another 13,135 shares.
The move follows interim CEO Cliff Illig, who sold 530,000 of his company shares in November that netted him $35 million. Mr. Illig still owns 13.25 million shares.
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